MITK logo

MITEK SYSTEMS INC

MITKNASDAQ
πŸ† #2690 by market capEarnings Oct 29 Β· PostUS Equity
$16.59β–Ό $0.61 (βˆ’3.66%)
πŸŒ™ After hours$16.59β–² 0.00%Regular close Β· extended-hours price shown
πŸ””
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24hβ–Ό 3.7%
7dβ–Ό 6.1%
14dβ–Ό 6.2%
30dβ–Ό 10.2%
ytdβ–² 57.2%
1yβ–² 69.6%
🏦Market Cap
$749M
Small Cap
πŸ“ˆRevenue Growth (YoY)
+11.1%
Healthy
πŸ“ŠGross Margin
83.6%
High
πŸ’΅FCF Margin
25.8%
Strong
βš–οΈP/S Ratio
3.9x
Fair
Otter Score
56
Weak

Trading Snapshot

Day Range
$16.42 – $16.68
52-Week Range
$8.53 – $21.05
Volume
$2.12B
Avg Volume
$2.70B
Shares Outstanding
45.2M
Next Earnings
Nov 14, 2026

Fundamentals Snapshot

Annual Revenue
$180M
Last Q Revenue
$54M
P/E Ratio
33.9
P/S Ratio
3.9x
EPS (TTM)
$0.47
Dividend Yield
β€”
Dilution (1yr)
+4.4%

Why Investors Own MITK

  • βœ“High-growth profile β€” revenue up +13.2% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 28% gross margin and 22% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

MITK logo

MITEK SYSTEMS INC

MITK
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$180Mβ–² +4.4% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
85.1%β–Ό βˆ’0.9% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$17Mβ–² +652.6% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$54Mβ–² +79.1% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
47.2Mβ–² +4.4% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$18Mβ–² +$76M YoY
StockOtter Β· stockotter.space

About MITEK SYSTEMS INC

Mitek Systems, Inc. (MITK) specializes in developing and offering mobile image capture and digital identity verification technologies globally, with operations spanning the United States, Europe, Latin America, and other international markets. These offerings are seamlessly integrated into native mobile applications and web browsers, streamlining digital interactions for users. Among its key products, Mitek provides: Mobile Deposit, enabling individuals and businesses to conveniently deposit checks remotely using their camera-equipped smartphones or tablets. Mobile Verify, an identity verification platform accessible across mobile apps, websites, and desktop applications. Mobile Fill, which enhances user experience through automatic image capture and minimizes clicks for expedited form completion. MiSnap, a mobile-capture software development kit (SDK) that ensures intuitive operation and high-quality image capture for both identity documents and checks. For financial institutions, Mitek offers a dedicated suite of check-related solutions: CheckReader automates data extraction from checks. Check Fraud Defender leverages AI and cloud capabilities to combat check fraud. Check Intelligence provides automatic data extraction from check images received through any deposit channel, from branches to ATMs, remote deposit capture, and mobile. Furthermore, the company's robust identity verification portfolio includes: ID_CLOUD, an automated system for reading and validating identity documents directly within a customer's application. IDLive Face, a passive solution for detecting facial liveness. IDVoice, an advanced AI-powered voice biometric engine. IDLive Voice, designed to prevent spoofing attacks on voice biometric systems. IDLive Doc, which helps counteract fraud associated with digitally displayed document images. Established in 1986, Mitek Systems, Inc. is headquartered in San Diego, California.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Weak
56/100

Analyst Ratings

β“˜
Consensus
Buy
11 analysts
Strong Buy4
Buy6
Hold1
Sell0
Strong Sell0
Ratings as of Sep 2026

Latest News & Updates

Defense WorldΒ·1d ago

Critical Review: BILL (NYSE:BILL) & Mitek Systems (NASDAQ:MITK)

BILL (NYSE: BILL - Get Free Report) and Mitek Systems (NASDAQ: MITK - Get Free Report) are both technology companies, but which is the better stock? We will compare the two companies based on the strength of their risk,

Seeking AlphaΒ·5d ago

Mitek Systems: A Fintech Pivot Waiting For A Short Squeeze

Mitek Systems is rated Buy, with a 12-month target price of $19.87, implying 16% upside from $17.14. MITK's dual-engine modelβ€”legacy Check Verification and Fraud & Identity (F&I)β€”drives 18% YoY revenue growth and robust

Zacks Investment ResearchΒ·22d ago

Wall Street Analysts See a 27.25% Upside in Mitek Systems (MITK): Can the Stock Really Move This High?

The consensus price target hints at a 27.3% upside potential for Mitek Systems (MITK). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions coul

Business WireΒ·27d ago

Mitek Takes All Top 3 Image Category Spots in Prestigious Independent Face Liveness Detection Competition

SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile capture and fraud management, today announced that its Presentation Attack Detection (PAD) technolo

Zacks Investment ResearchΒ·28d ago

Mitek Systems (MITK) is a Great Momentum Stock: Should You Buy?

Does Mitek Systems (MITK) have what it takes to be a top stock pick for momentum investors? Let's find out.

GuruFocusΒ·Aug 27

A Look at Mitek Systems Inc (MITK) After 8.3% Gain -- GF Value $11.49 vs Price $19.21

On August 27, 2026, Mitek Systems Inc (MITK) shares rose 8.3% to a current price of $19.21, continuing a strong upward trend characterized by an 82.1% year-to-d